0
0

Liar Loans and Child Support


 invite response                
2008 Feb 14, 12:43am   17,071 views  170 comments

by Patrick   ➕follow (60)   💰tip   ignore  

enforcement

Interesting angle from a patrick.net reader: people often lie and claim they have more income when applying for a loan, and then they lie and claim to have less income when it comes time to pay child support.

I have first hand experience with this as my divorce last year. When my ex-spouse refinanced to buy me out he lied about his income but he could not "find" his loan application when we met to settle child support.

You would think that statements on loan applications would be fair evidence of income for child support. I wonder if the banks can give copies of loan applications to the courts.

#housing

« First        Comments 165 - 170 of 170        Search these comments

165   HeadSet   2008 Feb 17, 2:31am  

Great idea, Apostasy!

I wonder how many of the credit fraud investigations would implicate the originator along with the borrower.

I remember when for a loan on commercial real estate, the banks wanted to see your last 1040. Maybe that was before loans were so easy to pawn off.

166   e   2008 Feb 17, 5:12am  

All Presidential candidates have to pass a public, third-party monitored IQ test. The minimum requirement is 100, really, we are not looking for a genius, we are just not looking for retards.

Polls have shown that Americans have said that they vote for the president that they feel more comfortable sitting down and having a beer with.

So, to be fair to W, he's pretty much what America wanted.

167   nrecob   2008 Feb 17, 5:28am  

"Penn and Teller…. yeah, ok, I can sleep soundly now knowing Penn and Teller say everything’s OK.
"Actually look up something called the Olduvai Theory if you want to know how things are likely to go. So far it’s right on track."

ex-sunnyvale –renter, that [Olduvai Theory] looks to be some scarey shite (!)—~2012 brown/black outs and it only gets worse from there? Yikes!

==

“No Costa Rica for me. That place is one invasion from all those ex-pats ending up in the stewpot. No, thanks.
Europe or “internal exile” which in Solzenityn-istic terms means I stay in the areas within the US where the Empire is weak. Boondocky places, you know?”

I hear ya. I’ve been to a few *really* remote places I wouldn’t mind getting back to—if the need arises ☺

168   Peter P   2008 Feb 17, 5:29am  

Polls have shown that Americans have said that they vote for the president that they feel more comfortable sitting down and having a beer with.

Now imagine having a beer with HRC.

169   justme   2008 Feb 17, 6:58am  

"Stifled, Egypt’s Young Turn to Islamic Fervor"

http://www.nytimes.com/2008/02/17/world/middleeast/17youth.html?ex=1360904400&en=a8c37abcb472a220&ei=5090&partner=rssuserland&emc=rss&pagewanted=all

It looks like the population-control-by-Prada is not working equally well in Egypt as it does in Japan and other more westernized places. Instead of pacifying the masses, it is turning them on to religious fundamentalism. At least if you want to believe the referenced article.

170   PermaRenter   2008 Feb 17, 10:41am  

You're Invited . . . To Pay Your Mortgage
Lenders Get Creative to Reach Borrowers in Default

Mortgage lenders hunting for delinquent homeowners who have dodged their phone calls and letters are employing aggressive new methods to track them down, potentially making every knock on the door or fancy envelope seem like part of the pursuit. Even wedding invitations are suspect.

http://www.washingtonpost.com/wp-dyn/content/article/2008/02/15/AR2008021503405.html

« First        Comments 165 - 170 of 170        Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions